Bruce Levenson: A Legendary Owner

The former owner of the Atlanta Hawks, Bruce Levenson, was recently involved in a lawsuit involving the New Hampshire Insurance Company. This lawsuit pertained to the supposed breach of contract that involve claims made by the former general manager, Danny Ferry. This breach of contract pertains to not paying the amount lost in the settlement between Hawks ownership and Ferry at the time. This stems back to a buyout agreement that occurred on June 22nd, 2015, and has sense been controversy ever since. The resolution is for Levenson to receive monies on those damages, but that is still for the court to decide.

Levenson is known as a very strategic businessman, and according to ESPN even helped the Hawks get sold for more than what estimates previously stated. He has a deep root in the NBA and has been on the Board of Governors for the Atlanta Hawks since 2004. He made an interesting transition from law school all the way to basketball owner but has proved lucrative ever since.

Bruce Levenson has a long history with philanthropy work (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html), which makes it that much more unfortunate he is involved in a legal battle. He is also a founding board member of TechTarget and has involved himself in many charities and organizations over the years. Whether it is the Community Foundation in Washington, D.C, or the Philanthropy and Nonprofit Leadership, he continues to be a pioneer of giving and leads by example any chance he can get. Source: brucelevenson.com.